Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Penitas area can be challenging. Home prices in Penitas are now at a median cost of $132,864, lower than the Texas average of $235,268.
The average cost of rent is $614/mo in Penitas, primarily driven by the current value of real estate in the Penitas area. While nearly 62.61% of residents own their homes outright in Penitas, 24.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penitas is $4,031 per month. Households that rent pay about 15.24% of their income on rent here. Penitas's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- La Joya, TX: less expensive homes
- Palmview, TX: less expensive homes
- Abram, TX: less expensive homes
- Palmview South, TX: less expensive homes
- Mission, TX: less expensive homes
- Sullivan City, TX: less expensive homes
- Alton, TX: less expensive homes
- Madero, TX: less expensive homes
- Palmhurst, TX: higher priced homes
- East Alto Bonito, TX: less expensive homes
Cities with Similar Populations
- Ste. Genevieve, MO: higher priced homes
- St. Amant, LA: higher priced homes
- St. Francis, WI: higher priced homes
- St. Pauls, NC: less expensive homes
- St. Pete Beach, FL: higher priced homes
- St. Stephens, NC: higher priced homes
- Stafford Springs, CT: higher priced homes
- Stanford, KY: less expensive homes
- Stayton, OR: higher priced homes
- Southborough, MA: higher priced homes
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